Liquidity Services, Inc. (LQDT) Tops Q3 EPS by 32c, Raises FY11 Guidance

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August 2, 2011 8:25 AM EDT
Liquidity Services, Inc. (NASDAQ: LQDT) reported Q3 adjusted EPS of $0.52, $0.32 better than the analyst estimate of $0.20. Revenue for the quarter came in at $86.1 million versus the consensus estimate of $82.3 million.

Liquidity Services, Inc. sees Q4 2011 EPS of $0.18-$0.20, versus the consensus of $0.17. Liquidity Services, Inc. sees Q4 2011 GMV of $130-$140 million.

Liquidity Services, Inc. sees FY2011 EPS of $1.10-$1.12, versus prior guidance of $0.73-$0.77 and the consensus of $0.77. Liquidity Services, Inc. sees FY2011 GMV of $540-$550 million, versus prior guidance of $500-$525 million.

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Earnings, Guidance